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Options after short term skilled migration visa


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Hi guys. Can anyone help explain a bit about the new skilled migration visas. I know there is a medium to long term skilled occupation list(up to 4 year visa) and a short term skilled occupation list (up to two year visa). If your occupation is on the short term list, after the 2 years that you are given do you HAVE to leave the country? As I know you can no longer apply for PR after this visa. What other options are there after your 2 years on this visa are up?

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